2026-01-15 01:26:20

Recently, the contract market has staged a classic liquidity fragmentation drama. A project completed a high-fee harvesting round on January 8th, and just a week later, on January 14th, they repeated the trick. The pattern is clear: during a window when spot liquidity is only around 100 million, large funds directly manipulate the market aggressively, causing short positions to be repeatedly frictioned by high funding rates, even dropping to a negative rate of -2%, leading to heavy losses for retail short sellers.

The real hidden danger lies ahead. On January 22nd, the project team is set to unlock over 340,000 tokens, with plans for even larger unlocks afterward. This means two possibilities: one, liquidity continues to be drained, and the project team keeps using this seven-day contract harvesting cycle; two, after liquidity dries up, the project team directly dumps the market and runs. In either case, retail investors caught in the short squeeze will suffer greatly. Given this rhythm, we need to stay alert.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
7
Repost
Share

Comment

0/400

DeFiChef

· 10h ago

Seven days for a round of harvesting, I can recite this routine by heart, truly impressive

View OriginalReply0

ImpermanentPhilosopher

· 10h ago

Another harvesting machine has started... I'm too familiar with this routine, a seven-day cycle, almost ready to write "harvest you" on your face. 340,000 tokens unlocked? Ha, either keep rubbing or directly dump the market. Retail investors, just wait to be squeezed.

View OriginalReply0

CryptoTherapist

· 10h ago

ngl this is literally textbook market anxiety syndrome unfolding in real time. let me unpack the trauma here—we're watching classic predatory liquidity patterns mixed with severe trust breakdown. the psychological resistance levels these retail traders are hitting? devastating.

Reply0

DAOTruant

· 11h ago

Oh no, it's the same old trick again, truly impressive. --- A seven-day cycle? That's so absurd, retail investors are still in a daze. --- 340,000 tokens are about to be dumped after unlocking, the logic is crystal clear. --- With only 100 million in spot liquidity, and still daring to play, really brave. --- -2% negative fee rate has appeared, you understand what that means, right? --- Short positions are being repeatedly rubbed, this is the daily life of retail investors. --- The project team’s move this time is truly brilliant. Are there even bigger unlocks coming? Just wait for the exit. --- There's no point in being cautious; this entire setup is a trap. --- Two cuts per week, this rhythm is a textbook-level harvesting technique. --- Liquidity exhaustion + large unlocks, a dead end for sure.

View OriginalReply0

CrossChainBreather

· 11h ago

Here we go again with this routine? A seven-day cycle of harvesting. I just want to know how long it can keep going.

View OriginalReply0

PaperHandSister

· 11h ago

This project treats retail investors as cash machines, taking profits every seven days—it's truly incredible. I just want to see how many people still dare to buy in.

View OriginalReply0

MoneyBurner

· 11h ago

A seven-day harvest cycle? I'm familiar with this rhythm. I was rubbed during this window last time. Now that I see negative fees, I reflexively want to run.

View OriginalReply0